UBU7.DE vs. UIQK.DE

Last updated Jun 26, 2026

UBU7.DE (UBS ETF (IE) MSCI World UCITS ETF (USD) Dist) and UIQK.DE (UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-acc) are both exchange-traded funds - UBU7.DE is a Global Equities fund tracking the MSCI World, while UIQK.DE is a Commodities fund tracking the UBS CMCI. Both are passively managed. Over the past 10 years, UBU7.DE returned 13.19%/yr vs 8.02%/yr for UIQK.DE. At a 0.38 correlation, their price movements are largely independent. UBU7.DE charges 0.10%/yr vs 0.34%/yr for UIQK.DE.

Performance

UBU7.DE vs. UIQK.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in UBS ETF (IE) MSCI World UCITS ETF (USD) Dist (UBU7.DE) and UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-acc (UIQK.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UBU7.DE achieves a 11.05% return, which is significantly lower than UIQK.DE's 17.07% return. Over the past 10 years, UBU7.DE has outperformed UIQK.DE with an annualized return of 13.19%, while UIQK.DE has yielded a comparatively lower 8.02% annualized return.

UBU7.DE

• 1D: -0.59%
• 1M: 0.75%
• YTD: 11.05%
• 6M: 11.39%
• 1Y: 24.87%
• 3Y*: 18.08%
• 5Y*: 12.26%
• 10Y*: 13.19%

UIQK.DE

• 1D: 0.54%
• 1M: -5.07%
• YTD: 17.07%
• 6M: 19.04%
• 1Y: 24.09%
• 3Y*: 8.78%
• 5Y*: 11.67%
• 10Y*: 8.02%

*Multi-year figures are annualized to reflect compound growth (CAGR)

UBU7.DE vs. UIQK.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UBU7.DE UBS ETF (IE) MSCI World UCITS ETF (USD) Dist	11.05%	8.11%	26.08%	20.13%	-13.88%	32.53%	5.35%	31.21%	-5.14%	7.21%
UIQK.DE UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-acc	17.07%	-1.67%	10.72%	-4.23%	22.43%	46.71%	-8.90%	12.48%	-6.36%	-6.03%

Correlation

The correlation between UBU7.DE and UIQK.DE is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (5Y) Calculated over the trailing 5-year period	0.22
Correlation (10Y) Calculated over the trailing 10-year period	0.35
Correlation (All Time) Calculated using the full available price history since Apr 11, 2012	0.38

Over the past year, the correlation between UBU7.DE and UIQK.DE has dropped to 0.03 - well below their long-term average of 0.38, suggesting their price drivers have been diverging.

Return for Risk

UBU7.DE vs. UIQK.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

UBU7.DE

UBU7.DE Risk / Return Rank: 80
UBU7.DE Sharpe Ratio Rank: 79
UBU7.DE Sortino Ratio Rank: 79
UBU7.DE Omega Ratio Rank: 79
UBU7.DE Calmar Ratio Rank: 81
UBU7.DE Martin Ratio Rank: 84

UIQK.DE

UIQK.DE Risk / Return Rank: 59
UIQK.DE Sharpe Ratio Rank: 55
UIQK.DE Sortino Ratio Rank: 54
UIQK.DE Omega Ratio Rank: 49
UIQK.DE Calmar Ratio Rank: 70
UIQK.DE Martin Ratio Rank: 66

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

UBU7.DE vs. UIQK.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (IE) MSCI World UCITS ETF (USD) Dist (UBU7.DE) and UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-acc (UIQK.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	UBU7.DE	UIQK.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.20	1.65	+0.55
Sortino ratio: Return per unit of downside risk	3.06	2.32	+0.74
Omega ratio: Gain probability vs. loss probability	1.41	1.28	+0.13
Calmar ratio: Return relative to maximum drawdown	3.80	3.11	+0.69
Martin ratio: Return relative to average drawdown	15.04	10.57	+4.47

UBU7.DE vs. UIQK.DE - Sharpe Ratio Comparison

The current UBU7.DE Sharpe Ratio is 2.20, which is higher than the UIQK.DE Sharpe Ratio of 1.65. The chart below compares the historical Sharpe Ratios of UBU7.DE and UIQK.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

UBU7.DE vs. UIQK.DE - Drawdown Comparison

The maximum UBU7.DE drawdown since its inception was -33.85%, smaller than the maximum UIQK.DE drawdown of -63.18%. Use the drawdown chart below to compare losses from any high point for UBU7.DE and UIQK.DE.

Drawdown Indicators

	UBU7.DE	UIQK.DE	Difference
Max Drawdown Largest peak-to-trough decline	-33.85%	-63.18%	+29.33%
Max Drawdown (1Y) Largest decline over 1 year	-6.52%	-7.72%	+1.20%
Max Drawdown (3Y) Largest decline over 3 years	-21.70%	-15.43%	-6.27%
Max Drawdown (5Y) Largest decline over 5 years	-21.70%	-17.37%	-4.33%
Max Drawdown (10Y) Largest decline over 10 years	-33.85%	-30.71%	-3.14%
Current Drawdown Current decline from peak	-0.78%	-7.22%	+6.44%
Average Drawdown Average peak-to-trough decline	-5.68%	-33.70%	+28.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.65%	2.27%	-0.62%

Volatility

UBU7.DE vs. UIQK.DE - Volatility Comparison

The current volatility for UBS ETF (IE) MSCI World UCITS ETF (USD) Dist (UBU7.DE) is 2.96%, while UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-acc (UIQK.DE) has a volatility of 3.50%. This indicates that UBU7.DE experiences smaller price fluctuations and is considered to be less risky than UIQK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UBU7.DE	UIQK.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.96%	3.50%	-0.54%
Volatility (6M) Calculated over the trailing 6-month period	7.91%	12.59%	-4.68%
Volatility (1Y) Calculated over the trailing 1-year period	11.27%	14.55%	-3.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.15%	15.10%	-0.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.09%	14.45%	+0.64%

UBU7.DE vs. UIQK.DE - Expense Ratio Comparison

UBU7.DE has a 0.10% expense ratio, which is lower than UIQK.DE's 0.34% expense ratio.

Dividends

UBU7.DE vs. UIQK.DE - Dividend Comparison

UBU7.DE's dividend yield for the trailing twelve months is around 1.32%, while UIQK.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
UBU7.DE UBS ETF (IE) MSCI World UCITS ETF (USD) Dist	1.32%	1.56%	1.33%	1.44%	1.61%	1.08%	1.46%	1.72%	1.70%	1.80%	2.20%	1.80%
UIQK.DE UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both UBU7.DE and UIQK.DE in my portfolio?

UBU7.DE and UIQK.DE have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UBU7.DE or UIQK.DE?

On fees, UBU7.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UBU7.DE or UIQK.DE?

UBU7.DE is cheaper with a 0.10% expense ratio, compared with 0.34% for UIQK.DE.

What is the main difference between UBU7.DE and UIQK.DE?

UBU7.DE is categorized as Global Equities, while UIQK.DE is Commodities. UBU7.DE tracks MSCI World, while UIQK.DE tracks UBS CMCI. Their fees differ too: 0.10% for UBU7.DE and 0.34% for UIQK.DE.